Apexon India Private Limited

Apexon India Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U72200GJ2014FTC079319 Incorporated 24 March 2014 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹522.08 Cr
▲ 25% YoY
Net profit · FY 2025
₹54.49 Cr
Net margin 10.4%
EBITDA · FY 2025
₹77.11 Cr
EBITDA margin 14.8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹6.75 Lakh
Issued & subscribed
Satisfied charges
₹25.33 Cr
No open charges
Company age
12 yrs
Est. 2014
Employees · EPFO
1,663
Provident fund records

About Apexon India Private Limited

Data last updated:

Apexon India Private Limited is a foreign private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Infostretch Corporation, Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 March 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2014FTC079319. Its GSTIN is 24AADCI5195G1ZJ (Gujarat). The company holds 8 GST registrations, of which 7 are active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹6.75 Lakh. It is led by directors including Vinu Venkatesh and Anand Kabra.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹522.08 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹54.49 Cr (net margin 10.4%) and EBITDA of ₹77.11 Cr (EBITDA margin 14.8%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 35% over five years.

The company has about 1,663 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹25.33 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 3 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹95.6 Lakh; the latest was in March 2017. Its 10 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is HP PPS Services India Private Limited with revenue of ₹537.5 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website infostretch.com.

Company details

CIN U72200GJ2014FTC079319
Registration Number 079319
Incorporation Date 24 March 2014
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Infostretch Corporation, Usa
Compliance Status Active Compliant

Contact details

Apexon India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is infostretch.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Apexon House Near Iskcon Flyover, Off S.G. Highway B/H Maruti 360 Degree, Ahmedabad, Gujarat, India – 380054
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Apexon India Private Limited, buy the company report.

Comprehensive company report
Apexon India Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Apexon India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Apexon India Private Limited, buy the company report.

Financials of Apexon India Private Limited

FY 2024 filings available

Apexon India Private Limited reported revenue of ₹522.08 Cr (up 25% YoY) for FY 2025.

Revenue · FY 2025
₹522.08 Cr ▲ 25%
Net profit · FY 2025
₹54.49 Cr margin 10.4%
EBITDA · FY 2025
₹77.11 Cr margin 14.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 33%
5 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 25%
5 years · compounded
▲ 30%

Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 25% growth in the latest year. EBITDA rose 24% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹77.11 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹54.49 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin14.8%
Net Profit Margin10.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Apexon India Private Limited, buy the company report.

Board of directors of Apexon India Private Limited

Apexon India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vinu VenkateshDirector01 Nov 20223 Years 11 MonthsCurrent
Anand KabraDirector19 Sep 20233 Years 1 MonthsCurrent
Bhavesh Chimanlal MehtaDirector10 Nov 20250 Years 11 MonthsCurrent

Peer comparison

Apexon India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
HP PPS Services India Private Limited₹537.5 Cr (FY 2025)2.0%Bangalore, Karnataka, India
Darwinbox Digital Solutions Private Limited₹533.87 Cr (FY 2025)36.0%Hyderabad, Telangana, India
To the New Private Limited₹532.19 Cr (FY 2025)-6.0%New Delhi, Delhi, India
Emudhra Limited₹527.84 Cr (FY 2025)39.0%Bangalore, Karnataka, India
Mufg Global Service Private Limited₹522.9 Cr (FY 2025)51.0%Mumbai, Maharashtra, India
Apexon India Private Limitedthis company₹522.08 Cr (FY 2025)₹54.49 Cr10.4%25.0%1,663Ahmedabad, Gujarat, India
Ebix Technologies Limited₹514.4 Cr (FY 2025)-75.0%New Delhi, Delhi, India
Flipkart Advanz Private Limited₹508.24 Cr (FY 2025)-13.0%Bengaluru, Karnataka, India
Sasken Technologies Limited₹507.79 Cr (FY 2025)6.0%Bangalore, Karnataka, India
Mongodb Software India Private Limited₹505.85 Cr (FY 2025)23.0%New Delhi, Delhi, India
Synechron Digital Payments Services Private Limited₹504.55 Cr (FY 2023)26.0%Pune, Maharashtra, India

To see the full peer comparison of Apexon India Private Limited, buy the company report.

Auditor

Apexon India Private Limited is audited by MSKA & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MSKA & AssociatesFY 2023105047W

Shareholding

The shareholding of Apexon India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Apexon India Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹25.33 Cr
Breakdown by lending institutions
Others₹19.88 Cr
Indusind Bank Ltd.₹4.00 Cr
State Bank of India (Smeccc)₹1.45 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Dec 201410534841Others₹9.94 CrSatisfied
13 Nov 201410530910Others₹9.94 CrSatisfied
01 Nov 201310462172Indusind Bank Ltd.₹4 CrSatisfied
15 Feb 201110269237State Bank of India (Smeccc)₹1.45 CrSatisfied

To see the full charge records of Apexon India Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Apexon India Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹95.6 Lakh; the latest was in March 2017.

Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹95.6 Lakh

Deals on record (3 of 4)

WhenDealAmountParties
Mar 2017Secondary share transferUndisclosedSeller: 2 individuals
Nov 2016Secondary share transferUndisclosedSeller: 2 individuals
Mar 2015Secondary share transferUndisclosedBuyer: Infostretch Corporation USA
Seller: 2 individuals

To see the full deal history of Apexon India Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Apexon India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Apexon India Private Limited has a workforce of 1,663 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
1,663
Active EPFO establishments
1
Employee growth
15.73%

GST

Apexon India has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
8
Active
7
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AADCI5195G1ZJGujaratActive01 Jul 2017
24AADCI5195G3ZHGujaratActive12 Mar 2025
27AADCI5195G1ZDMaharashtraActive01 Jul 2017
29AADCI5195G1Z9KarnatakaActive31 Oct 2019

To see the full GST registrations and return filing status of Apexon India Private Limited, buy the company report.

Recent activity

Apexon India Private Limited has 10 board changes on record since 2015: 3 appointments and 7 cessations. The latest: Bhavesh Chimanlal Mehta ceased to be Additional Director on 17 Dec 2025.

Ceased
Bhavesh Chimanlal Mehta ceased to be Additional Director.
Appointed
Bhavesh Chimanlal Mehta was appointed as Director.
AGM
Apexon India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Sandeep Dhar ceased to be Additional Director.
Filing
Apexon India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Anand Kabra ceased to be Additional Director.
Ceased
Vinu Venkatesh ceased to be Additional Director.
Appointed
Anand Kabra was appointed as Director.
Ceased
Rutesh Chandravadan Shah ceased to be Director.
Appointed
Vinu Venkatesh was appointed as Director.
Charges
A charge registered on 05 Dec 2014 via Charge ID 10534841 with Others was fully satisfied on 30 Jul 2019.
Charges
A charge registered on 13 Nov 2014 via Charge ID 10530910 with Others was fully satisfied on 30 Jul 2019.

11 earlier events are in the company report.

Frequently asked questions

Apexon India is an active foreign private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 March 2014 (12+ years old) and is registered under CIN U72200GJ2014FTC079319.

Apexon India has 3 current directors:

The latest financial statements of Apexon India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Apexon India is 24AADCI5195G1ZJ, registered in Gujarat. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 24AADCI5195G3ZH (Gujarat), 27AADCI5195G1ZD (Maharashtra), 29AADCI5195G1Z9 (Karnataka).

The CIN (Corporate Identification Number) of Apexon India is U72200GJ2014FTC079319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Apexon India has 3 court cases on record: 3 filed against it. 3 are pending.

Apexon India was incorporated on 24 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Apexon India has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹95.6 Lakh; the latest was in March 2017.

The peers of Apexon India by revenue are HP PPS Services India Private Limited, Darwinbox Digital Solutions Private Limited, To the New Private Limited, Emudhra Limited, Mufg Global Service Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).

Bhavesh Chimanlal Mehta ceased to be Additional Director on 17 Dec 2025. Bhavesh Chimanlal Mehta was appointed as Director on 10 Nov 2025. Sandeep Dhar ceased to be Additional Director on 24 Jul 2024. Apexon India has 10 board changes on record in total.

Apexon India can be reached through the website infostretch.com. Its registered office is in Ahmedabad, Gujarat, India.